Private Insurance

Private Insurance at a glance

Exemption from succesion tax
Non-distrainability and non-sequestration
Tax efficiency
High customization
Flexibility during the life of the contract
Free choice and modification of beneficiaries
AIPB (ITALIAN PRIVATE BANKING ASSOCIATION)

Market trend

30/09/2020 201 mld €
31/12/2020 211 mld €
31/03/2021 218 mld €
30/06/2021 224 mld €
30/09/2021 228 mld €

Insurance Based Investments Products in Private portfolios reached a value of € 228 billion, with a significant growth in Multi-vehicle and Unit Linked policies.

Guarantee fund (i.e. gestioni separate)

Unit and Index Linked policies

Multi-vehicle policies (i.e. contracts resulting from a combination of Guarantee and Unit Linked funds)

So-called «Ramo V» (i.e. policies with capitalization of financial assets) and further insurance products

0 BN €

Intermediate masses

0

Insurance companies

0

Distribution Partners